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Month: January 2021

BMW, SAIC-GMAC rev up year’s first China auto ABS deals

BMW Automotive Finance (China) Co and SAIC-GMAC Automotive Finance Co are edging closer to sealing their first China auto loan asset-backed securitization deals of the year.

Greater China issuers ride on strong liquidity to push out bonds

Issuers from Greater China flooded the market with dollar deals on Tuesday, capitalising on strong appetite from investors ready to put money to work in the new year.

Ardian boss Vincent Gombault steps down

The former head of fund of funds and private debt will be replaced by the firm's president Dominique Senequier and a “management committee”

Hg acquires Canadian software maker Prophix in $500m deal

The firm, one of the largest specialist tech investors in Europe, is making a big push outside its traditional targeted geographies by sealing its fourth deal in Canada over the last 12 months

Holland Capital invests in media agency Purple

Dutch private equity firm Holland Capital has invested an undisclosed amount in Purple, an Amsterdam-based creative agency and software company.

Primary Capital-backed Paperchase set to go into administration

The notice gives the British stationary chain an initial 10 working days’ protection from creditors

Vendis Capital backs SoLow

Vendis Capital has invested in Netherlands-based party, hobby and craft products retailer SoLow.

Charterhouse invests in Phastar

Charterhouse Capital Partners has invested in biometrics clinical research organisation Phastar.

AnaCap buys stake in MRH Trowe

AnaCap Financial Partners has invested in Germany-based insurance broker MRH Trowe.

SimpleNexus secures $108m in its Series B from private equity firm Insight Partners

Digital mortgage platform SimpleNexus has secured $108m in its Series B round, which was led by private equity firm Insight Partners.

Unigrains secures minority stake in Innatis

French agri-food investor Unigrains has acquired a minority stake in France-based apples producer Innatis.

Legatum takes part in £60m round for GB News – report

Dubai-based investment company Legatum Capital has invested in a £60m funding round for news broadcaster GB News, according to a report by Sky News.

OpenGate to buy Solvay subsidiaries in Europe and US

OpenGate Capital is to acquire Belgium-headquartered chemical company Solvay's European and US amphoteric surfactant operations.

WestBridge promotes three

WestBridge has promoted three investment professionals.

LDC invests in Omniplex

LDC has invested in UK-based online education business Omniplex.

Union Square Ventures rakes in more than $420m across two new funds

Union Square Ventures has hauled in more than $420m across two new investment funds.

Brexit: Here’s what we know so far about what’s ahead for the City

A lack of an equivalence ruling on share-trading rules means banks must trade euro-denominated shares using entities based within the bloc - something the City has prepared for

Ivanhoe Spac targets US IPO for green energy investments

Singapore-based Ivanhoe Capital, led by mining billionaire Robert Friedland, is floating a special purpose acquisition company (Spac) on the New York Stock Exchange.

Hospitality giant Shangri-La readies Panda bond

Shangri-La Asia, the investment holding company of hotel operator Shangri-La Group, has hired two banks to lead a Rmb1bn ($155m) Panda bond, its first in the currency.

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